种族、歧视与对冲基金
发布时间：2025-05-20
五月
23
|
时间和日期
|
2025-05-23 (星期五) 10:30 上午
-
12:00 下午
|
| 标题: | 种族、歧视与对冲基金 |
| 日期和时间: |
2025年5月23日（周五） 10:30-12:00 |
| 地点 | 综合教学楼D804会议室 |
| 主讲人: |
陆焱教授 中弗罗里达大学 |
| 摘要: | Minority operated hedge funds attract lower start-up capital and investor flows. Yet they deliver higher alphas, Sharpe ratios, and information ratios relative to non- minority operated hedge funds. Moreover, minority managers are more likely to attend prestigious colleges, receive specialized education, eschew downside risk, and exhibit trustworthiness. Racial homophily drives investors’ preference for non-minority funds. An event study of minority manager fund transitions, instrumental variable regressions that exploit childhood racial imprinting, and an analysis of minority managers with non-White sounding first names address endogenity. Our results reveal that racial minorities face significant taste-based discrimination in asset management. |
| 主讲人简介: | 陆焱博士是中佛罗里达大学商学院金融学副教授。她于佛罗里达大学获得博士学位，于同济大学获得本科学位。她还在佛罗里达大学先后取得工商管理硕士和房地产理学硕士学位。自2015年8月起，她一直担任中佛罗里达大学教职。陆教授的研究领域涵盖另类投资与行为金融学，其研究成果发表于Journal of Finance, Management Science , Journal of Financial Economics等顶级学术期刊。她曾受邀在欧洲金融协会年会、美国金融协会年会等重要会议上发表演讲。 |
